China's Official GDP Figures May Be Less Accurate Than They Appear
China’s GDP figures have long been a subject of skepticism, and now a prominent Chinese economist has openly voiced doubts about their accuracy.
China’s GDP figures have long been a subject of skepticism, and now a prominent Chinese economist has openly voiced doubts about their accuracy.
“20 years of subdued inflation, low interest rates, a reduced cost of capital and financial leverage have given way to a new regime," says economist.
‘The mother of all bubbles’ in the U.S. is sucking money away from the rest of the world, market expert says.
The S&P 500 (^GSPC) will extend its record-setting rally to 7,100 by the end of next year amid a strong economy, according to Oppenheimer Asset Mgmt.
The US economy is on solid footing right now. Economists at Bank of America expect it to stay that way through next year.
Last week Wall Street began circulating their outlooks for stock market in 2025. For many folks takeaway from these reports is year-end price target.
Americans fell a bit further behind on their credit cards and other loans last quarter, as household debt reached an all-time high.